Choice Hotels
288 hedge funds and large institutions have $3.65B invested in Choice Hotels in 2023 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 105 increasing their positions, 94 reducing their positions, and 40 closing their positions.
343% more call options, than puts
Call options by funds: $2.33M | Put options by funds: $527K
12% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 94
8% more capital invested
Capital invested by funds: $3.39B → $3.65B (+$263M)
4.16% more ownership
Funds ownership: 56.39% → 60.55% (+4.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 302 → 288 (-14)
25% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Rock Creek Group
Washington,
District of Columbia
|
+$61.7M |
| 2 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$20.2M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$17.6M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$14.1M |
| 5 |
RCW
Rheos Capital Works
Tokyo,
Japan
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$24.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$17.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$16.9M |
| 4 |
Squarepoint
New York
|
-$16.1M |
| 5 |
D.E. Shaw & Co
New York
|
-$8.07M |
CHH Hedge Fund Activity: Q1 2023 in Review
288 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Choice Hotels (CHH) for Q1 2023, worth a combined $3.65B — up 7.8% from $3.39B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of CHH and 30 opened new positions — a net loss of 10 holders — while 94 trimmed existing stakes and 105 added.
The largest buyer was Rock Creek Group, adding an estimated $61.7M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $24.2M sold.
- 288 institutional investors held Choice Hotels (CHH) as of Q1 2023, down from 302 in Q4 2022.
- Funds reported $3.65B of Choice Hotels stock for Q1 2023, up 7.8% quarter-over-quarter.
- 30 funds opened new Choice Hotels positions in Q1 2023 and 40 closed out, a net change of -10 holders.
- The largest Choice Hotels buyer in Q1 2023 was Rock Creek Group, an estimated $61.7M added.
- The largest Choice Hotels seller in Q1 2023 was Arrowstreet Capital, an estimated $24.2M sold.
Based on aggregated 13F filings for Q1 2023.